BTS, STEEM and SBD - Price of All Went Up!

in #bitshares7 years ago

The twins BTS and STEEM did it again. For different reasons and due to different situation but who cares.
Lets have a look.

Bitshares


Bitshares lost Bittrex lately but exchange that seems to be second most popular picked it up - Binance and price went up. Notice how in just 1 day they got 2 spots in top10. I have been telling people to register there since long time already. If you didnt, CLICK HERE AND DO IT NOW!

SBD


SBD should always cost 1 USD, but pretty much peg often breaks due to free-market. I remember when SBD got up to 7 USD (if you have time, i have made a comic about it even!) and today it got pumped on Bittrex.

STEEM



STEEM also pumped but was killed fast so didnt do any spectacular moves. This just shows how you should HODL to your coins as you never know when they go up and it can take literally seconds.

Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips!

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Bitshares is on fire - many exchanges listing (binance, zb, aex, xbrick, u.cx) and more importantly... some are starting to use bitCNY and bitUSD as base trading pairs. This is huge news for BTS as bitCNY and bitUSD are backed by 200% of their value in BTS collateral. So the more people use bitCNY/bitUSD the more BTS is locked up as collateral, reducing the circulating supply and putting upward pressure on price. bitCNY supply has been growing massively as China discovers how fast and safe it is - which means millions of BTS are being taken off the market. Booooom!

@johnsmith as you said " the more people use bitCNY/bitUSD the more BTS is locked up as collateral, reducing the circulating supply and putting upward pressure on price. "

This is amazing and it is the case

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I think steem price right now is a joke. everyday is on sale

@javybar yeah steam rate is lower

This post has received a 10.0 % upvote from @boomerang thanks to: @babarrajo

@boomerang distributes 100% of the SBD and up to 80% of the Curation Rewards to STEEM POWER Delegators. If you want to bid for votes or want to delegate SP please read the @boomerang whitepaper.

You are a vote prostitute and should be ashamed of yourself.

Lol maybe it is a classy prostitute.... like an escort :p

Nah, I think it's one of those that offer you a "happy ending" after a body massage.

I'm a proud circle jerk voter.

haha, yeah that sounds like an accurate description inbetween the two analogies; I concur ^_^

You are great

@babarrajo steem price going up that is what every one here is waiting for

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To the readers of the post: Short links are provided by url shortening services. The short links they provide can be useful in some cases. Generally their use is benign. But as with all useful tools there are dangers. Short links can be used to hide all sorts of things. Quite frequently they are used to hide referral links for instance. While not dangerous this can be deceptive. They can also be used to hide dangerous links such as links to phishing sites, sites loaded with malware, scam sites, etc. You should always be extremely cautious before clicking on one. If you don't know and trust the poster don't click. Even if you do you should still be cautious and wary of any site you are sent to. It's always better to visit the site directly and not through a short link.

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CHA CHING and then I always say to myself why didn't I pour more of my life savings into this lol

@bitcoinflood that would have made you a billionaire by now

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To the readers of the post: Short links are provided by url shortening services. The short links they provide can be useful in some cases. Generally their use is benign. But as with all useful tools there are dangers. Short links can be used to hide all sorts of things. Quite frequently they are used to hide referral links for instance. While not dangerous this can be deceptive. They can also be used to hide dangerous links such as links to phishing sites, sites loaded with malware, scam sites, etc. You should always be extremely cautious before clicking on one. If you don't know and trust the poster don't click. Even if you do you should still be cautious and wary of any site you are sent to. It's always better to visit the site directly and not through a short link.

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Yep something really strange happen with SBD :)

I woke up this morning to see that... I was quick with the little sbd I

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Right on brotha!!! Im celebrating right now hard I just killed it with bts Holy Crap hahahhaa

Congrat to you @cyberblock

Wonderful news to wake up to, thanks for giving us a heads up, appreciate it!

Thanks dear king I bought 20000 BTS @0.05$ feeling blessed thanks bro.

Wow! Thanks for the heads up.